US EditionATTENTION NYSE: CIVI INVESTORS: Contact Berger Montague About a Civitas Resources Class Action Lawsuit
- Bragar Eagel & Squire, P.C. And Berger Montague PC filed a securities class action lawsuit against Civitas Resources, Inc. In New Jersey District Court on May 5, 2025.
- The lawsuit claims that Civitas made false or misleading statements and omitted key information throughout the period from late February 2024 to late February 2025, during which the company faced anticipated declines in oil production and failed to disclose related risks.
- Civitas reported Q4 and full-year 2024 results on February 24, 2025, showing $1.29 billion revenue and non-GAAP EPS of $1.78, both missing estimates, alongside a 10% workforce reduction and leadership terminations.
- Civitas explained production decreases were due to natural declines at the DJ Basin after a peak in Q4 2024 and a low TIL count, while planning a $300 million Permian Basin acquisition and offsetting divestments.
- As a result, Civitas's stock dropped over 18% on February 25, 2025, and investors have until July 1, 2025, to apply for lead plaintiff status in the ongoing class action lawsuit.
17 Articles
17 Articles
CIVITAS RESOURCES ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Civitas Resources, Inc. and Encourages Investors to Contact the Firm - Civitas Resources (NYSE:CIVI)
NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Civitas Resources, Inc. ("Civitas Resources" or the "Company") (NYSE:CIVI) in the United States District Court for the District of New Jersey on behalf of all persons and entities who purchased or otherwise acquired Civitas Resources securities between February 2…
Johnson City Press
ATTENTION NYSE: CIVI INVESTORS: Contact Berger Montague About a Civitas Resources Class Action Lawsuit
PHILADELPHIA, May 5, 2025 /PRNewswire/ -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against Civitas Resources, Inc. ("Civitas" or the "Company") (NYSE: CIVI) on behalf of purchasers of Civitas securities between February 27,…
Coverage Details
Bias Distribution
- 67% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
